Advertisement
UK markets close in 3 hours 45 minutes
  • FTSE 100

    7,948.80
    +16.82 (+0.21%)
     
  • FTSE 250

    19,850.74
    +40.08 (+0.20%)
     
  • AIM

    743.03
    +0.92 (+0.12%)
     
  • GBP/EUR

    1.1696
    +0.0027 (+0.23%)
     
  • GBP/USD

    1.2628
    -0.0010 (-0.08%)
     
  • Bitcoin GBP

    55,829.61
    +351.76 (+0.63%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,248.49
    +44.91 (+0.86%)
     
  • DOW

    39,760.08
    +477.75 (+1.22%)
     
  • CRUDE OIL

    82.66
    +1.31 (+1.61%)
     
  • GOLD FUTURES

    2,227.30
    +14.60 (+0.66%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,486.63
    +9.54 (+0.05%)
     
  • CAC 40

    8,225.27
    +20.46 (+0.25%)
     

Siemens to end cooperation with solar inverter maker SMA

FRANKFURT (Reuters) - Germany's Siemens said on Tuesday it would end a cooperation with SMA Solar at the end of the year and build its own solar inverters in India.

It said it would present its new portfolio at the Intersolar India trade show in early December.

SMA and Siemens teamed up in 2015 to equip utility-scale solar parks with technology to link them to power grids in an effort to benefit from rising global demand for photovoltaics.

(Reporting by Maria Sheahan; Editing by Tom Sims)